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Your Producer Company

Wish to engage in activities relating to Produce (grown or produced) in farming? Producer Company is for you. Prices start at INR 59999/- only.

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What is Producer Company Registration?


All you need to know

A Producer Company is a company, formed with an objective of production, harvesting, procurement, grading, pooling, handling, marketing, selling, export of primary produce of the Members or import of goods or services for their benefit. Term “Produce” means things that have been produced or grown, especially by farming. This means that, a Producer Company deals primarily with agriculture and post-harvest processing activities.

 

A producer company can be formed by 10 or more producers (persons involved in, or in activities related to, produce or growth), two or more producer institutions or a combination of 10 or more producers and producer institutions. Such a company can only have equity capital, require minimum 5 directors and an authorized capital of Rs. 5 lakh.

 

In India, a vast majority of farmers are marginal farmers with minimal land holdings individually. This restricts them to use the latest technologies in farming. This results into lower economies of scale. A Producer Company is aimed at organizing a group of marginal farmers and ensuring larger economies of scale.

Registration Fees

Choose Your Package
ESSENTIAL
Rs.59999/-
(All Inclusive)
  • 10 Digital Signature Certificates
  • 10 Director Identification Numbers
  • 1 Name Approval Application under RUN
  • PAN
  • TAN
  • 25 Copies of MOA
  • 25 Copies Of AOA
  • 10 Copies of Share Certificate
  • Company Seal

ENHANCED
Rs.67399/-
(All Inclusive)
  • 10 Digital Signature Certificates
  • 10 Director Identification Numbers
  • 1 Name Approval Application under RUN
  • PAN
  • TAN
  • SSI/MSME Registration
  • Trademark (1 application 1 class) (start ups, proprietorship & small business)
  • 25 Copies of MOA
  • 25 Copies Of AOA
  • 10 Copies of Share Certificate
  • Company Seal

ULTIMATE
Rs.75899/-
(All Inclusive)
  • 10 Digital Signature Certificates
  • 10 Director Identification Numbers
  • 1 Name Approval Application under RUN
  • PAN
  • TAN
  • SSI/MSME Registration
  • Trademark (1 application 1 class) (start ups, proprietorship & small business)
  • 1st Income Tax filing upto turnover of Rs. 50 Lakhs
  • 1 Year TDS Filing upto 500 entries
  • 25 Copies of MOA
  • 25 Copies Of AOA
  • 10 Copies of Share Certificate
  • Company Seal

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Advantages of a Producer Company

Points to make your decision easy
Limited Liability
It means that if the company go through some financial distress because of business activity, the personal assets of members of the producer company will not be used to pay the debts of the Company.
Economies of Scale
In India, a vast majority of farmers are marginal farmers with minimal land holdings individually. This restricts them to use the latest technologies in farming. This results in lower economies of scale. A Producer Company is aimed at organizing a group of marginal farmers and ensuring larger economies of scale.
Transferability
Interest in Producer Company can be easily transferred by transferring its shares. Its board of management is easily transferable as such. This is effected through the filing of forms with ROC.

Document Required For Your Producer Company

  • Photograph of all the Directors and Members
  • PAN Card of all the Directors and Members
  • ID Proof of all the Directors and Members (Driving License/Passport/Voter ID)
  • Electricity Bill or any other utility bill for the address proof of the Registered Office

How to register Producer Company?

5 Easy Steps
 

1

Obtain DSC

2

Reserve Your Company Name

3

Submission of MOA & AOA

4

Get Company’s Incorporation Certificate

5

Get Company’s PAN & TAN

 
Fill Simple Checklist
A Compliance Manager will get in touch with you to obtain your documents along with a simple checklist. You need to fill up that checklist and submit along with your documents for processing. Our expert team will verify documents and proceed with registration formalities. All throughout the process, your dedicated Compliance Manager will keep you updated on the progress of Company Registration.
Name Approval
Once you submit your documents along with Checklist, we will proceed with the application of your Digital Signature and subsequently name approval. You may give up to three names of your choice. Names should be unique and suggestive of Producer Company’s business. We will proceed with name approval through a form called “RUN” as prescribed by MCA. Name approval is received usually 1-2 days.
Company Registration
Once a name is approved, we will draft MOA (Memorandum of association) and AOA (Articles of association). We will file incorporation documents with MCA through a form called “SPICe” along with subscription statement. Usually, MCA approves the forms within 2-3 days once filed and issues Incorporation Certificate with CIN. PAN & TAN are allotted alongside. You may then proceed to open your Company Bank Account.

FAQs On Producer Company

Get answers to all your queries
  How long is a producer company license valid?
It is valid lifelong once granted, until and unless revoked.
  A Producer company can be started with how many people?
A minimum of five people is required to register a producer company in India.
  Which are major types of a producer company?
A producer company can be of six types as described below- Production The main type of producer companies are those involved in a production, procurement or manufacture of any primary produce for its members (for further sale) and to others. Marketing Even a business involved in the marketing or promotion of primary produce or provision of educational services to members and others can constitute itself as a producer company. Technical Service Any business offering technical assistance to producers, providing training and educational services or conducting research and development can register as a producer company. Financing Any business financing producer activities, be it in the production, marketing or development domain, can register itself as a producer company. Infrastructure Businesses involved in providing infrastructure to producers, whether in the form of electricity, water resources, irrigation techniques, land utilization, or consultation with regard to the same, may constitute themselves as a producer company.
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We facilitates and make sure to provide the best end to end incorporation services for all types of business. We, at Prompt Advisory also provide all kinds of legal, professional,management and advisory services to our client in India and Abroad, At prompt Advisory all the services are very quick,easy and affordable.

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